cised, particularly considering the developments from the last meeting where Philadelphia Fed President Charles Plosser dissented. .ads_rectangle_img_content_left background-color: FFFFFF;font-size: 1px;line-height: 1px;margin: 0;padding: 0;content left_toolwidth:300px !important;content left_tool_1display: inline;float: left;margin-right: 15px;width:180px !important; Additionally, the Fed turned moderately more hawkish on the inflation and unemployment references. As a result,Nike Air Max 2015 Black, analysts now feel the minutes could reflect an internal dialogue that reinforces a less accommodative focus to some extent. This will put the US dollar firmly in play and could weigh on equities heading into Jackson Hole.Glenn Stevens comments in focusAUD/USD will remain in focustodaywith the semi-annual testimony of Governor Glenn Stevens at 9.30am AEST, where we might get a more updated view on the economy. The testimony tends to be a bit more timely than the minutes for example. The local currency was actually surprisingly strong in Asia yesterday, despite the monetary policy meeting minutes not delivering any surprises. However,todayMr Stevens gets an opportunity to comment on the labour market (in light of recent weakness), inflation and other key parts of the economy. There could also be an opportunity to jawbone the AUD and should this happen we could see renewed downside pressure for the local currency. A trade back below the 0.9300 level could see the pair trade down to retest recent lows in the 0.9240 region. BHP to open 5% lowerAhead of the open, we are calling the ASX 200 down 0.2% at 5611. The local market printed a high of 5644 on 31 July and this will continue to be the level to watch in the near term, particularly should US equities remain firm. While this might surprise,Australia Nike Max, BHP&039;s ADR is pointing down around 5% to 37.71 and this is likely to be the primary driver of weakness. With a market weighting of around 9%, then we can expect the mining giant to take a toll on the market at open. The headline earnings number of $13.4 billion was actually slightly ahead of estimates of $13.3 billion. However, the market focused on the $15 billion spin-off and lack of a buyback. Investors were hoping for a buyback to the tune of $3 billion, and in a capital-focused market this wasn&039;t taken well.Additionally debt levels are quite high and the company feels it needs to strengthen the balance sheet before committing to a buyback. Also, keep in mind there will be some uncertainty around this NewCo in the near term. This implies no capital return for a while. Overall though, the result was broadly in-line with estimates but expect plenty of downgrades.A concern intoday&039;s trade will be weakness in iron ore and gold weighing on some of the materials plays. On the reporting front, the main ones will be Woodside, Fortescue, Wesfarmers, Coca-Cola,Nike Air Max Tailwind 6 2015 Mens Green Orange, Brambles and Seek. There won&039;t be as big a dividend coming out of the market intoday&039;s trade, but still a few to keep an eye on including JB Hi-Fi and Suncorp.Asian markets opening callPrice at 8:00am AEDTChange from the Offical market closePercentage ChangeAustralia 200 cash (ASX 200)5,611.00-13-0.23%Japan 225 (Nikkei)15,500.00500.32%Hong Kong HS 50 cash (Hang Seng)25,143.80210.08%China H-shares cash11,112.70180.16%Singapore Blue Chip cash (MSCI Singapore)378.4320.45%US and Europe Market CallsPrice at 8:00am AEDTChange Since Australian Market ClosePercentage ChangeWALL STREET (cash) (Dow)16,909.00510.30%US 500 (cash) (S&P)1,980.2970.34%UK FTSE (cash)6,773.90120.18%German DAX (cash)9,334.00380.41%Futures MarketsPrice at 8:00am AEDTChange Since Australian Market ClosePercentage ChangeDow Jones Futures (September)16,883.5056.000.33%S&P Futures (September)1,977.386.750.34%ASX SPI Futures (September)5,Nike Air Max 2015 Womens Green Black,571.00-15.50-0.28%NKY 225 Futures (September)15,500.0042.500.27%Key inputs for the upcoming Australian trading session (Change are from 16:00 AEDT)Price at 8:00am AEDTChange Since Australian Market ClosePercentage ChangeAUD/USD$0.9303-0.0036-0.39%USD/JP